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RAPAPORT… Petra Diamonds’ profit jumped in the past fiscal year as
improved efficiencies and cost controls offset weaker rough diamond prices.
Group net profit after tax increased 12 percent to $66.8
million in the year that ended June 30 even as rough diamond prices fell 6
percent, the South Africa-focused miner reported. Revenue increased
1 percent to $430.9 million, driven by a higher sa…

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